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Ops, MLO Jobs; Cap. Mkts., Valuation, Default, Fulfillment Tools; Technology and Processing Notes


Ops, MLO Jobs; Cap. Mkts., Valuation, Default, Fulfillment Tools; Technology and Processing Notes
Feb 25 2021, 8:03AM
As hope for a recovery drawing nearer helps push rates higher, Carol K. writes, “I hate it when people ask me what I do for fun because there is no classy way to say, ‘Binge drink.’” The approaching 1003 form mandatory changes may cause some people to turn to drink… Is it going to “March Madness” at your shop with the new URLA? (The commentary has plenty of URLA and processing notes below.) Plenty of lenders who are “farther along technology curves” than others seem to be hiring lots of developers to accommodate change like incorporating a new application. But AEs and MLOs need to be aware of and use digital tools that they already have. DU and LP, for example, are great tools and in nearly every lender. Heck, I hear a lot about senior management reminding staff about the benefits of correctly filling out forms: ....

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Alabama vacation properties in high demand as COVID pandemic rages on


Alabama vacation properties in high demand as COVID pandemic rages on
Updated Jan 14, 2021;
Posted Jan 14, 2021
Crowds at Alabama’s public beaches were modest this Memorial Day afternoon, with strong winds, overcast skies and single red flags keeping people away.
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The last year has been a busy one for Terry Norton.
A real estate agent for the past 13 in Randolph County, Norton sells properties around Lake Wedowee, one of the top ten marketplaces for lake property in Alabama.
And inventory is hot right now, due to the market effects of COVID-19.
“It was a great year for us,” Norton said. “We’ve had buyers mostly from Atlanta, but we’ve seen them from all over the U.S.. This week, we’re showing to people from Nashville and Florida.” ....

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